News Detail

Date/Time
28 Sep 2022 12:52:00
Headline
The Disposition of Assets
Symbol
PRAKIT
Source
PRAKIT
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                Acquisition or disposition of assets

Prakit Holdings Company Limited ("the Company") would like to inform the Board 
of Directors' Meeting's resolution No.9/2022 held on September 28, 2022, at the
office no. 88 Sukhumvit 62 section 3, Phra Khanong Tai, Phra Khanong, Bangkok,
to approve the sale of land comprising a total area of 1 rai 2 ngan 29 square
wah at Soi Sukhumvit 50, Sukhumvit Road, Phra Khanong, Khlong Toei, Bangkok to
(1) Magnolia Quality Development Corporation Limited, (2) CP Future City
Development Corporation Limited and (3) Ek-Chai Distribution System Company
Limited. The agreed total purchase price is 503,200,000 baht and the buyer (1),
(2) and (3) will pay in cash in 4 installments.

In this regard, the transaction is not the related transaction by the 
Notification of the Capital Market Supervisory Board No. Tor Jor 21/2551 Re:
Rules on Connected Transactions (include additional Notification), which refers
to the Notification of the Stock Exchange of Thailand Re: Disclosure of
information and other acts of listed companies concerning the Connected
Transaction B.E.2546 (include additional Notification).

This transaction is classified as a disposition of assets of the Company 
pursuant to the Notification of the Capital Market Advisory Board No. Tor Jor.
20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition
or Disposal of Assets, and the Notification of the Board of Governors of the
Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of
Listed Companies Concerning the Acquisition and Disposition of Assets B.E. 2547,
the total value and more details of the transaction are shown in the
Information Memorandum on the Disposition of Assets enclosed herein.

Moreover, The Company has to notify its shareholders in writing of the decision 
to enter into the transaction within 21 days from the date reported to SET.
______________________________________________________________________
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of the information and related documents of listed company or issuer to the
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